All Forum Posts by: Larry F.

Roy

Please get your p/s reviewed prior to signing and no money goes anywhere unless you have a signed contract. I would also confirm that the "seller" has the Title of the property you want to buy. Be cautious!!

Good Luck

Larry Foster

Roy

Please do not give the seller your earnest money. Please for your protection place it in a Escrow/Title Company. Not sure why they are asking for a later close on the deal but I would get a firm closing date in writing.

Good Luck

Larry

Hi Anthony dealing with a distressed homeowner is hard at best. You must get to the motivation of the seller and learn their concerns. Then using this you address them. While I could dig into the "details" of a specific offer, I would have you take the approach in negotiations by convincing them that "it is about them". 

Really hope this helps,

Larry Foster

Hi Loren

Working on re activation of my license (was RE Agent for 8 yrs) I'm using 360 training.com It was 199.00 when I joined and it's accredited with State of Washington.  I'm slogging through it. If you do this please remember that if you become a licensee you will be restricted in your investment efforts as you must identify yourself as a Broker (Law of Agency). That puts some people off, particularly a distressed homeowner. 

Larry Foster

Hi All

Not getting any info on this product. Not exactly a ringing endorsement. Going to keep watching for anyone to talk about it. Re-Post so I can look at the info.

Thanks,

Larry

Phil is spot on with his assessment. The need to find good partners that can that can perform ie: not be widow shoppers is very important. Trust is a key component for long term, cordial business relationships.

Happy Investing

Hi Malcolm

Larry Foster here in Washington State. Don't pretend to know your state laws but it has gotten tougher to get Title and Escrow to cooperate in these types of deals. I would make a suggestion. Contact a good Real Estate Attorney that can produce Title Insurance and escrow services and see if they can help.

Regards,

Larry Foster 

Bought my first house in 2002. Small 2 Bedroom 1 Bath Home in Spanaway. Home sat on a large lot and I sold it for a 22K profit. What a great day it was to come to the Closing Table and pick up a check.

Larry Foster

Don

Excellent idea on taking picture of Bandit Sign. At least the city or county can't tear it down.  lol

Larry